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naked in john boehner's office, three were arrested. all the girls. john stanton said there are actually people who woke up today and said today, i'm going to get buck naked in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of dire consequences for the middle class. >> on friday, he'll return to the stumps. >> he's back on the campaign trail. >> the campaign style tour. >> trying to drum up public support for his budget priorities. >> seems like just another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm dmik growth. >> warren buffett was out this mornin
to go back to the negotiations he had with john boehner in the summer, and they've done a lot of work. those guys got pretty close in the summer of 2011. now the president has more leverage. the tea party part of the house republican caucus is in a less powerful position and less fired up. we're pretty far away from the 2010 elections now. john boehner is trying to exercise some kind of power and tell those people that he needs them to stay in line. i think, you know, the tax thing, i keep trying to -- to me it seems obvious what's going to happen. that the bush tax cuts are all going to expire on january 1st. and then they're going to reinstitute the ones for people making under $250,000 a year. republicans will not vote to do a partial thing, right? because they regard that as raising taxes. they won't vote for it. we'll go past january 1st. then when democrats offer to reinstate the tax cuts for those making $250,000 a year, republicans will vote for that. that's another tax cut. it seems to me this solves the republican problem, which is that we won't vote to raise rates. that's h
or to clear another challenge before the supreme court. it is law and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't super happy about that message. they thought boehner was getting a little squishy, giving up a fight. that election we just had. the one where voters re-elected the obama care guy, the one that had obama in his name, that was but a flesh wound. today boehner wrote an op-ed to the cincinnati inquirer which begins with, quote, president obama has won re-election but as was the case before the election, obama care has to go. if you read on in his op-ed, things get a little strange. boehner went on to share the big plan which is, quote, over the past couple of years i h
appointed, new right young thing of the party and listening to john boehner's comments when asked if he's the leader of the party, there's disagreement in the party and bears remembering every time we have done this in the past election cycles, thought object who the likely candidates were, almost none of them ended up being the likely candidate. mitt romney is an exception and perceived to be a credible front-runner of 2012 and tim pawlenty. >> experience of '08? >> yeah. my point is -- >> traction. >> we project forward based on who's the luminaries now. it often is someone we're not looking at under current dynamics and doing 18 or 19 i guess the likelihood of one of the 20 the people -- >> primaries again. now let's talk about the fiscal cliff and house and senate leaders expected to meet with the president next week and hopefully negotiations will continue. staffers reportedly have made little progress over the last week. politico is writing this saying that the gop's opening offer, the sources said would freeze the bush era tax rates, change the inflation can clated for entitlemen
negotiations are off to a bumpy start. house speaker john boehner wrote an op-ed yesterday calling for the president's health care law to be part of the fiscal talks. the white house told the "huffington post" the president opposes that. joining me now from washington, nbc white house correspondent kristen welker and neil irwin. welcome to both of you. happy holiday. >> happy holidays, alex. >> kristen, politico said the negotiations are off to a rough start. what do you see as the likelihood of a deal before the end of the year? >> alex, i think they are off to a relatively rough start. president obama expected to invite congressional leaders back to the white house next week after the holiday, but it seems at this point aides are trying to hammer out the beginnings of the deal. republicans seem to be digging in their heels on the issue of taxes, saying they don't want to see the bush era tax cuts expire for the wealthiest americans. of course, that is something the democrats have been adamant about. so they're stuck on this old issue of taxes. and also stuck on the issue of entit
to prejudge it. and we should not be taking iron clad positions. i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at
rights leader gave up his seat in congress after 17 years. in a resignation letter to house speaker john boehner writing in part, "my health issues and treatment regimen have become incompatible with service in the house of representatives." jackson has been hospitalized on and off since june for treatment of bipolar disorder, seen here while a patient at the mayo clinic. cook county officials are weighing options for a special election to replace jackson. >> i think he feels that district needs somebody in a healthier position than he is to represent them. >> reporter: his letter makes some striking admissions about his own, "mistakes." jackson has been in talks with the justice department, as federal prosecutors examine whether he misused campaign money to buy personal items, including an expensive watch. jackson writes, "i am doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone." jackson adds, "i pray that i will be remembered for what i did right." >> that was nbc's kell
this season. house speaker john boehner and a few other key republicans appear willing to consider tax hikes. billionaire warren buffett chimes in that tax hikes won't stop the wealthy from investing. in our cover story, the woman who led the securities and exchange commission after the 2008 financial crisis is stepping down. mary schapiro took over an agency under fire for ignoring repeated warnings about the bernie madoff ponzi scheme. in 2008, the regulatory sec was itself under scrutiny, critized for failing to anticipate the lehman brothers bankruptcy, which sent financial markets reeling, and also missing the warning signs of bernie madoff's multi-billion dollar ponzi scheme. "before she got there, they almost needed someone to come in and confess." mary schapiro, who president obama said will be replaced by commissioner elisse walter, overhauled sec enforcement and made it more proactive. "to get out there and defend investors, as opposed to trying to figure out what happened after." but critics say for the dozens of insider trading investigations, the sec under schapiro did not crack
by christmas. >> hoping to get some positive comments from john boehner. he is optimistic. a nice little boost. from negative to positive to the session highs, no 50 points away from dow 13,000 once again. the dow once again up 73 points. you have a lot of winners. the banking index is still under some pressure, but retailers are really stealing the show. many are doing well for a variety of reasons. take a look at costco. the money they're paying out to shareholders ahead of the fiscal cliff wall to get the dividend ahead of the higher tax rate, so costco joins many come over 100 companies that have done much of the same. paying out dividends so you can pay less taxes. melissa: thank you so much. lori: so thoughtful of the company. president obama invited middle-class americans to the white house to showcase those would be most affected a certain tax cuts are not extended. peter barnes live at the white house. >> 85 middle-class taxpayers joining the president at this event part of a pr push to drive them to extend tax cuts for middle-class taxpayers let them expire for wealthier taxpayers. t
relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l
john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,
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want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off
are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ
john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.
obama and john boehner. here's how we finished the day on wall street, near the highs. up 105 points. 12,983. we'll have technicians looking at this day, seeing if it's a key reversal. the s&p also in positive territory. market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a
out between president obama and john boehner. >> i guess so. because dick durbin himself has been confusing in what he's been saying publicly. on sunday he said sure medicare and medicaid can be part of the discussion. today he's giving a speech where it should not be part of the conversation. there this morning he's saying once we get into a room, we can start talking about it. and there are ways that i think liberals would agree to do medicare and medicaid. you know, if you're tinkering on the supplier side like, you know, say medical device companies or something, or reimporting drugs from canada, or allowing medicare to negotiate, or reduce price, or add a public option to health care reform. you know, that would save money. so there are things that democrats would do when it comes to entitlements that would save money. and maybe that's what dick durbin is talking about, but those are the exact opposite of the things that republicans would want to do when it comes to entitlements. so harry reid's strategy might be the easiest one. just say, look, this is not part of the conver
campaign funds to buy jewelry for a mysteries and remodel his house. in a letter to speaker john boehner he said i am aware of the on going federal investigation into my activities. i am doing my best to cooperate with the investigators and accept responsibility for my mistakes. they are mine and mine alone. none of us isee tune from our share of short come eupblgs or human frai hume trail tees. gregg: explain what happens to his seat. >> reporter: we expect to have a date for a special election in four days. pat quinn will make sure th the election is fair and as economical as possible for the taxpayers who have to foot the bill. that being to you. gregg: thanks very much. ainsley: back to the breaking developments an on benghazi. ambassador susan rice breaking her ten-week silence and defending her actions. when she said the attacks came from and anti-muslim film. >> i relied solely and scare leon the information provided to me by the intelligence community. i made clear that the information was preliminary, and that our investigations would give us th the definitive answers. ainsley: joi
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
for boost®. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out what was in it, what was
. >>> aids activists are zeroing in on house speaker john boehner. at least seven of them took off their clothes outside his capitol hill office, in protests to potential spending cuts to hiv programs. saying they wanted to highlight the, quote, naked truth. the three nude women were arrested. but the men left before police arrived. >>> and a family tragedy overnight on new york's long island. a 6-year-old boy died when this city bus smashed into a home. the driver was apparently trying to avoid a pedestrian when he lost control of that bus and crashed into a front bedroom. the child died later at the hospital. >>> and that jersey shore rollercoaster that was swept off a pier and into the ocean by hurricane sandy, is going to be removed after all. at first, the mayor of seaside heights said the remains of the partially submerged rollercoaster would make a great tourist attraction. he now says, these were his words, that was not the brightest comment. >> very few people would disagree. >>> teen actor, angus t. jones, is clarifying his comments that denounced the show "two and a half
the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sid
and top republicans including house speaker john boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal is reached by the end of t
the debt limit unless forced to by john boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cann
said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a chance to show leadership and get something done? >> i think the president is in the right position to do that. i am a little bit worried about speaker boehner's position, that's what the op-ed, saying obamacare should be on the table. one, the congressional budget office took a look, if you repealed obamacare entirely, it would cost $109 billion. so i don't think the speaker's put it on the table because it helps, i think he put it on there for positioning. but there is a problem there. the american people have had this debate. mitt romney maid the case that obamacare should be repealed and said it would be the first act. he made that case forcefully, in debates, ads, throughout the campaign. 40% of america greed
will be covered with 5,000 ornaments and it will be lit by house speaker, john boehner, doing the honors to power that tree on december 4th. so look forward to that. but pretty shot there. >> how would you like to deck kate that -- decorate that. >> yeah. >>> why a gas company president is defending a worker who caused the massive explosion in massachusetts. [chanting] >>> and what's happening in egypt after several days of violent clashes after the new leader's power grab. you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> well, clear skies for a few. a lot of fog for others. that dense fog advisory will go until 9:00 and it will be sunny. you can see tha
submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to
to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt challenge. where is it going. >> nowhere, he's right about everything he writes about, but it's a disaster, no way it's going to be stopped. it was an issue that the country decided this election, obama staked a claim and he won. the supreme court was the only other way it was going to be stopped. it wasn't stopped, it's not going to be stopped now. and the idea that to oversight committees in the house could stop this is absurd. look, i think it's right. it's going to be disastrous and should be cut back or dismantled, but elections have consequences and this is one. so, i think it's not on the table and republicans can pretend it is, but it's not. there's a lot of other stuff on the table and that's rates and i think if you want to p
speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly surprised to see it, a deal em
increases. john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist egyptian activist mohammed el baradei is calling on the united states to condemn morsi. i am hoping to see a strong statement of condemnation by the u.s., by europe and everybody who really cares about human dignity. democrat and chairman of the senate committee of armed services carl levin says america needs to play the middle. >> i think we have to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi a
are yearning for cooperation and bipartisanship. but most republicans, they don't get the message. speaker john boehner is threatening to take us to the brink again by refusing to raise the debt ceiling unless he gets what he wants in the tax fight. he told the president, quote, it's my leverage. he said, quote, there's a price for everything. over in the senate, gop leader mitch mcconnell is striking the same tone. >> look, we already know the president's a very good campaigner. we congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement. >> mr. one-term-president mcconnell is resorting to name-calling. the gop lost because of this attitude. and now they're just looking like a lost cause. joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie
john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>> president obama and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don't know is whether he has the leadership qualities to lead his party to a bipartisan agreement on big issues like we currently face. >>> big issues include things like medicare and medicaid. will those be part of a final we will see. t
moore, editorial board, good morning to you, steven. >> hi, good morning. >> john boehner is clear, he does not want to raise rates, he wants to give in if at all on deductions and write-offs saying they can essentially write off the same amount for the treasury, what should republicans do here? >> it's an interesting dilemma the republicans find themselves in, dave. most of them, as you know, have taken this no tax pledge, which is the pledge to voters that they won't raise taxes on anybody, and so, now president obama is saying we're going to raise the taxes on the rich and he won't sign any bill that doesn't have a tax increase on the rich, so, the two parties are still at logger heads. i personally think given the still fragility of this economic recovery, the economy still isn't sputtering on one cylinder now, and high unemployment. it doesn't make sense to me to raise taxes on businesses or investors. that's where we stand right now. i don't see an agreement anytime really soon because the two sides are still so far apart. >> i'm a betting man, steven, would you imagine that the
, john boehner, and senator reid, and mcconnell. what is on the table, i think this week you see more republicans saying, you know, we will not hold to the grover norquist idea, the man who says that everybody who is a republican has to sign a "no tax increase" pledge. >> chris: in fact they've already signed it. >> in some cases but this week you had people like saxby chambliss, joining people like your guest this morning, john mccain, tom coburn and others and 12 members of the house, saying, republicans have to be willing to compromise. we did not win, clearly, this election, and the president is back in office, you have to make some kind of deal and so the president's side, he needs to deal, too. and sometimes it doesn't get attention from the press but you heard nancy pelosi and harry reid saying they expect a deal along with charlie rangel before the december 31 deadline and the unions are on the air saying, don't cut our programs badly and the republican side, both sides are under pressure for a deal, right now and they will make it. >> chris: well, that is an optimistic view.
are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that
: that is your congressman? caller: yes. john boehner and nancy pelosi need to get together, organized all the votes they need to pass the bill that is already passed through the senate, which is the 250,000 and below, maintain the bush tax cuts. if they did that and went ahead and passed that bill, that would put the issue of the other foot -- the shoe on the other foot in regard to congress would show good faith in the effort to avoid the fiscal cliff. that would force the democrats to seriously look at fiscal reduction. it would demonstrate the fairness aspect of the rich paying a little more. but it would force the democrats to seriously look at entitlements. this could really be a big step in avoiding the fiscal cliff and would give confidence, makes for a good holiday season. it is the thing to do. john boehner and nancy pelosi need to get together, get the votes, and pass the senate bill. host: i want to take you to the republican line. pat in richmond hill, georgia. caller: good morning. yes, overall, in the long term, i have a lot of confidence in the u.s. economy. short-term, as
not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. >>> a lot of people in texas say they are lucky to be alive today. that's after this massive
't they have to be reformed or modified? >> i think the john boehner and mitch mcconnell are going to have a tough sell in front of the american people and a reason why paul ryan was a pretty unpopular vice-presidential candidate. people do not want to cut those programs. >> gregg: and during the 2008 presidential debate, the president promised and i looked it up and double-checked it today, he promised that he would have entitlement reform accomplished and put forth by the end of his first term. hasn't done it. why not? >> well, i think we need to talk about smart cuts first, and what that means is getting rid of waste and fraud and abuse. it means getting rid of these things. >> gregg: he's breaking his promise, isn't he? >> i don't know that that's right. i think when we talked. >> gregg: i watched the debate today, they had a clip. >> sure. >> gregg: of it on youtube, you can take a look at it. and there are 258 americans signed onto the grover norquist pledge never to quote for a tax hike, closing tax loopholes. speaker boehner says i'm willing to break it and do the latter on deducti
, the president and speaker boehner did talk on the phone on saturday. john harwood live in washington with the latest. john? >> carl, you know, the president and the speaker had a conversation over the weekend. there haven't been too many meetings at the staff level or the principals level. but there has been something that changed about the atmosphere post election. and what you've seen is more and more republicans coming out and being willing to say out loud they're willing to raise taxes of some kind. whether or not it's tax rates or tax revenue in a way they weren't willing to do in 2011 when john boehner and the president were negotiating an attempted grand bargain then. we saw one on the sunday shows over the weekend, that was lindsey graham of south carolina and then bob corker of tennessee. let's take a listen to their comments. >> i agree we shouldn't raise rates, but i think grover is wrong when it comes to we can't cap deductions and buy down debt. what do you do with the money? -- i will violate the pledge, long story short, for the good of the country only if democrats wi
norquist has had the republican party enthralled for the past 20 years. john boehner, tom coburn, even former president george bush, the first president bush, have basically said who's grover norquist? and they're right. jon: democrats, monica, have said president obama campaigned on this idea of raising taxes for couples making over $250,000 a year, and he won. therefore, that's what the country wants. >> well, look, this is not about grover norquist. this is about the path that the republicans should be taking. look, there are two key, core, sacred principles at stake here at play for the republicans. one is not to raise taxes and the other is cutting spending. if senator chambliss wants to go down the road with the democrats, he's welcome to it, but there will be a price to pay, especially in the very conservative state of georgia. he will likely be primaried and likely lose -- jon: you think he gives up his seat if he goes for this? >> probably, because he is in a conservative state. but remember, the problem here is not a revenue problem. the democrats have dominated the narrative
this really is taxmaggedon. >> you heard it there, maria. house speaker john boehner says that he wants obama care on the table in this fiscal cliff negotiation. the president has said he's willing to thereon any good ideas. i'm not sure if he's going to think this is a good idea. you think he might listen to this one? >> i think he'll listen, but i think at the end of the day, it's going to be what are in the details. i think what we need to remember, what came out of this election, the clear mandate of this election was two things. number one, for our leaders to come together in a bipartisan manner to put everything on the table, to find real solutions. number two, that the majority of americans agreed with president obama's vision of one of the ways to fix the fiscal cliff had to be to put new revees and to raise the tax rates of the wealthiest americans. president obama won eight out of the ten wealthiest counties in this country in this election, randi, which means even the wealthiest understand they have to put some skin in the game. so i think that going into this, i applaud senator ch
to actually bring a vote up to in the senate. i believe that john boehner is ready to work with them. address the higher immigration immigrants. we need engineers and doctors in this country. right now our policy is shipping here to be educated and then back home. >> heather: and they did make it clear after the election they were ready to get serious about overhauling the nation's immigration system, republicans, that is, and top priority for hispanics. so is taking up the stems jobs act in the lame duck session a first step in that direction. >> if you remember the great movie what about bob? the way to successfully rehabilitated go yourself was baby steps. what this congress and this president i believe need to do is taking baby steps together. i think the stem act is something that most people in congress and most people in the country agree on. i hope they can come together to get this done. >> heather: do you think they will come together and that part of immigration reform a small step will pass? >> i think they have to come together. whether you piecemeal it or do an overhaul. you can
'm looking for is more revenue for entitlement reform. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people shopping online over the weekend. but com score still says sales might reach $1.5 billion. pierce, sunday it earlier, consumers appear to be on fire. >> kind of defies gravity a little bit. but with the consumer confidence data in the last three months,
the opposite of the way they've negotiated inside with john boehner and others on past deals. >> yeah, the president feels he has very strong cards here and one of the strategies of the white house is that if we go over the cliff, if all those tax cuts are allowed to expire, the president has real ways to extract pain from the republicans. polls already show people are more likely to blame republicans and here's something very important. republican leaders know that. joe scarborough writes on politico right now that when eric cantor, the number two house republican was there on your set, that he noticed a different tone from him and seeing more and more signs of that as the week goes along, the republican leaders recognize that the president has an inaugural address, a state of the union address and a lot of high-profile ways to pin the blame on them and so today we have this remarkable movement position by tom cole, one of the most politically savvy republicans who told their whip team that they would be better off to cave, that they would be better off to give what he calls the earl
but that will happen. the market will be going up and down on small indicators. is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81% of the time. the average market gain when pessimism has gotten to this low a level has been about 7%. i think when you look at the basic, you know -- we have three rules to guide our tactical trading. don't fid the fed. obviously on our sid
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